Summary - 155 FFORDD JAMES MCGHAN CARDIFF CF11 7JU
2 bed 2 bath Apartment
Cash-only two-bedroom with modern finish and strong rental potential.
Allocated off-street parking space included
A top-floor two-bedroom apartment in Cardiff Bay offering a compact, modern living space and strong rental potential. The open-plan lounge/kitchen and two double bedrooms (one with en-suite) suit professionals or couples seeking easy access to the city and waterfront amenities. Allocated off-street parking adds practical value in this urban location.
This property has a long lease (980 years) and gas central heating with double glazing, reducing near-term maintenance concerns. Service charge (£1,992 pa) and ground rent (£263 pa) are notable ownership costs; buyers should budget for these recurring fees. The block was built 2003–2006 and presents a neutral, contemporary finish throughout.
Material considerations are straightforward: the development sits in a very deprived area with a very high local crime rate, which could affect resale speed and rental demand. Sale is for cash buyers only, so owner-occupiers requiring mortgage finance cannot proceed without securing alternative funding. The apartment offers limited private outdoor space and communal grounds only.
For investors, the property’s location near Cardiff Bay retailers, transport links and amenities supports consistent lettability. For buyers planning cosmetic updating, the modern base provides a ready canvas to improve rental yield or personal comfort. Legal checks should confirm lease details and service charge scope.
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